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    14633 Sylvan St

    Van Nuys, CA 91411
    • $1,850,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: 20-633460
    UPDATED: 58 min ago
    $1,850,000
    • 10
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,564
      SQFT
    • $282
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are proud to present this 10-unit apartment complex in Van Nuys. The property is located south of Victory Blvd and west of Van Nuys Blvd on a nice multi-residential street. The two front units have large balconies and the ground floor units have side private patios. The units have wall AC units and are mostly in good, but original condition. Ample parking for 12 to 16 cars. 40% upside in rents. Seller will supply approved plans for seismic retrofit of parking. Buyer shall assume liability of completing work.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T18:42:51.573. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/110062676
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    14633 Sylvan St Van Nuys, CA 91411

    • Price: $1,850,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 20-633460
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,564
    SQFT
    $282
    $/SQFT
    1964
    Built
    Neighborhood:
    East Van Nuys
    County:
    Los Angeles
    Area:
    East Van Nuys
    Property Description
    We are proud to present this 10-unit apartment complex in Van Nuys. The property is located south of Victory Blvd and west of Van Nuys Blvd on a nice multi-residential street. The two front units have large balconies and the ground floor units have side private patios. The units have wall AC units and are mostly in good, but original condition. Ample parking for 12 to 16 cars. 40% upside in rents. Seller will supply approved plans for seismic retrofit of parking. Buyer shall assume liability of completing work.
    Exterior Features

    Lot Size Area 8006 Other Structures None Parking Garage OtherCovered ParkingUncovered Total Parking 12

    Interior Features

    Baths Total 10.00 Common Walls Attached Cooling Wall Unit(S) Equipment Other Heating None

    Property Features

    Assessed Total Value 1114088 Gross Income 138528 Gross Operating Income 134372 Like Units1 10 Net Operating Income 77180.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 57193 Type Of Units 1+1 Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T18:42:51.573. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355